APIE vs. SPEM ETF Comparison

Comparison of Trust for Professional Managers ActivePassive International Equity ETF (APIE) to SPDR Index Shares Fund SPDR Portfolio Emerging Markets ETF (SPEM)

APIE

Trust for Professional Managers ActivePassive International Equity ETF

APIE Description

The fund is an actively-managed exchange-traded fund ("ETF") that blends active and passive investment strategies to optimize costs, tracking and potential return over the fund"s benchmark index, the S&P Classic ADR Composite Index. Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of non-U.S. companies with varying market capitalizations.

Grade (RS Rating)

Last Trade

$29.47

Average Daily Volume

43,794

Number of Holdings ^*

187

* may have additional holdings in another (foreign) market

SPEM

SPDR Index Shares Fund SPDR Portfolio Emerging Markets ETF

SPEM Description

The investment seeks investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Emerging BMI Index. The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index and in depositary receipts based on securities comprising the index. The index is a market capitalization weighted index designed to define and measure the investable universe of publicly traded companies domiciled in emerging markets. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$40.25

Average Daily Volume

1,539,903

Number of Holdings ^*

103

* may have additional holdings in another (foreign) market

Performance

Period	APIE	SPEM
30 Days	-3.89%	-5.12%
60 Days	-1.29%	4.30%
90 Days	5.83%	8.70%
12 Months	22.41%	24.73%

53 Overlapping Holdings

Symbol	Grade	Weight in APIE	Weight in SPEM	Overlap
ABEV	F	0.06%	0.12%	0.06%
ASAI	F	0.01%	0.06%	0.01%
ATHM	D	0.0%	0.02%	0.0%
BABA	B	1.2%	2.0%	1.2%
BBD	F	0.07%	0.18%	0.07%
BCH	D	0.0%	0.02%	0.0%
BEKE	A	0.07%	0.16%	0.07%
BGNE	C	0.1%	0.15%	0.1%
BIDU	F	0.06%	0.28%	0.06%
BLTE	A	0.02%	0.01%	0.01%
BRFS	C	0.03%	0.04%	0.03%
BVN	D	0.01%	0.06%	0.01%
CIB	D	0.15%	0.04%	0.04%
CIG	D	0.09%	0.1%	0.09%
DADA	C	0.0%	0.0%	0.0%
DDL	A	0.0%	0.01%	0.0%
ENIC	C	0.03%	0.05%	0.03%
ERJ	C	0.13%	0.11%	0.11%
FINV	B	0.17%	0.0%	0.0%
GDS	B	0.0%	0.03%	0.0%
GGB	F	0.0%	0.07%	0.0%
HDB	B	0.78%	1.25%	0.78%
HIMX	D	0.02%	0.01%	0.01%
IBN	A	0.41%	0.95%	0.41%
INFY	D	0.5%	0.83%	0.5%
IQ	C	0.0%	0.01%	0.0%
ITUB	F	0.23%	0.38%	0.23%
JKS	A	0.0%	0.01%	0.0%
LI	C	0.09%	0.17%	0.09%
MNSO	A	0.01%	0.02%	0.01%
MOMO	A	0.02%	0.01%	0.01%
NIO	D	0.04%	0.08%	0.04%
PBR	F	0.15%	0.27%	0.15%
PDD	C	0.58%	0.85%	0.58%
QFIN	B	0.12%	0.04%	0.04%
RDY	D	0.36%	0.16%	0.16%
RERE	C	0.01%	0.0%	0.0%
SIMO	F	0.02%	0.02%	0.02%
SOHU	D	0.02%	0.0%	0.0%
TAL	B	0.02%	0.05%	0.02%
TCOM	A	0.33%	0.33%	0.33%
TME	D	0.04%	0.07%	0.04%
UMC	F	0.18%	0.22%	0.18%
VALE	F	0.26%	0.42%	0.26%
VALE	F	0.26%	0.02%	0.02%
VIPS	F	0.11%	0.05%	0.05%
VIST	B	0.03%	0.03%	0.03%
WIT	B	0.03%	0.16%	0.03%
XPEV	B	0.03%	0.06%	0.03%
YALA	F	0.01%	0.0%	0.0%
YMM	B	0.03%	0.06%	0.03%
YY	D	0.1%	0.02%	0.02%
ZTO	C	0.19%	0.12%	0.12%

APIE Overweight 135 Positions Relative to SPEM

Symbol	Grade	Weight
TSM	B	5.86%
SAP	B	2.06%
RELX	C	1.99%
NVO	F	1.45%
NVS	D	1.39%
AZN	F	1.3%
UL	D	1.3%
TM	D	1.25%
HSBC	A	1.2%
ASML	F	1.16%
BTI	C	0.84%
HMC	F	0.82%
SNY	D	0.77%
BHP	C	0.77%
TAK	C	0.76%
BCS	B	0.74%
DEO	F	0.73%
RIO	B	0.71%
ORAN	D	0.71%
BUD	D	0.68%
GSK	F	0.68%
IX	F	0.66%
BP	F	0.64%
SAN	A	0.64%
BBVA	B	0.59%
TTE	F	0.56%
SMFG	B	0.53%
PHG	D	0.51%
NGG	D	0.51%
ING	C	0.47%
JD	A	0.46%
SKM	D	0.44%
MUFG	A	0.44%
LYG	D	0.42%
NWG	A	0.39%
TEF	D	0.38%
NOK	B	0.37%
NMR	D	0.36%
IHG	B	0.35%
MFG	A	0.34%
ERIC	A	0.34%
MT	B	0.33%
VOD	D	0.32%
KT	A	0.31%
LOGI	D	0.31%
AON	A	0.31%
E	D	0.3%
PSO	A	0.3%
HLN	D	0.29%
ACN	C	0.29%
SHG	D	0.28%
SNN	F	0.26%
RTO	D	0.25%
ABBV	A	0.25%
KB	B	0.24%
CHKP	F	0.24%
FMS	D	0.23%
JHX	F	0.22%
ASX	C	0.21%
EQNR	F	0.19%
WF	D	0.18%
GLPG	F	0.18%
TEVA	A	0.15%
WPP	A	0.15%
CUK	A	0.14%
DOOO	F	0.13%
SE	B	0.13%
CRTO	F	0.12%
NTES	F	0.11%
KOF	F	0.1%
FUTU	A	0.09%
SBS	F	0.09%
ASR	F	0.09%
SW	A	0.09%
WDS	F	0.08%
ARGX	A	0.08%
MYTE	B	0.08%
HMY	B	0.08%
TS	A	0.07%
TX	F	0.07%
PHI	F	0.07%
AKO.A	F	0.07%
GFI	B	0.07%
BNTX	B	0.06%
PKX	F	0.06%
NNDM	D	0.06%
STM	F	0.06%
AKO.A	F	0.06%
CX	F	0.06%
GRFS	B	0.06%
UGP	F	0.05%
IMOS	F	0.05%
FMX	F	0.05%
GMAB	F	0.05%
TKC	F	0.04%
GOLD	C	0.04%
CCU	D	0.04%
JMIA	F	0.04%
ARM	B	0.04%
MTLS	A	0.04%
OPRA	A	0.04%
PAM	B	0.04%
BWAY	A	0.04%
NICE	C	0.04%
DRD	B	0.04%
PAC	D	0.03%
DAVA	F	0.03%
GGAL	B	0.03%
DAO	A	0.02%
GNFT	A	0.02%
ASND	F	0.02%
OTLY	F	0.02%
JFIN	C	0.02%
XYF	B	0.02%
IMMP	F	0.02%
HCM	C	0.02%
MREO	D	0.02%
VIV	F	0.02%
EDAP	F	0.01%
BMA	B	0.01%
CANG	A	0.01%
CRESY	B	0.01%
OMAB	F	0.01%
CLLS	F	0.01%
IPHA	D	0.01%
SUPV	A	0.01%
GHG	A	0.0%
ADAP	F	0.0%
EVO	C	0.0%
VRNA	A	0.0%
CNF	D	0.0%
SSL	F	0.0%
BZUN	B	0.0%
KC	B	0.0%
YRD	B	0.0%

APIE Underweight 50 Positions Relative to SPEM

Symbol	Grade	Weight
NU	C	-0.49%
YUMC	A	-0.2%
CHT	D	-0.18%
BAP	B	-0.16%
SCCO	B	-0.12%
EBR	F	-0.09%
MMYT	A	-0.06%
BILI	A	-0.05%
SUZ	C	-0.04%
SBSW	B	-0.04%
BZ	C	-0.04%
STNE	F	-0.03%
LEGN	F	-0.03%
CSAN	F	-0.03%
SBLK	F	-0.02%
DQ	A	-0.02%
PAGS	F	-0.02%
HEPS	B	-0.02%
GRIN	A	-0.02%
SID	F	-0.02%
WB	B	-0.01%
DAC	D	-0.01%
EH	B	-0.01%
TIGR	B	-0.01%
GOTU	F	-0.01%
TEN	F	-0.01%
SB	F	-0.01%
BWMX	F	-0.01%
VTEX	F	-0.01%
BAK	F	-0.01%
RLX	F	-0.01%
GPI	C	-0.0%
VSTA	C	-0.0%
IH	D	-0.0%
NIU	B	-0.0%
TUYA	D	-0.0%
DOYU	A	-0.0%
HUYA	D	-0.0%
DSX	F	-0.0%
BTBT	B	-0.0%
CAN	B	-0.0%
API	B	-0.0%
CBAT	C	-0.0%
CINT	D	-0.0%
NEXA	A	-0.0%
NOAH	B	-0.0%
LX	B	-0.0%
AFYA	B	-0.0%
VNET	B	-0.0%
RNW	F	-0.0%